NAIROBI, Kenya, Apr 8 – Vivo Energy, the company that distributes and markets Shell-branded fuels and lubricants in 16 African markets and Airtel Money have announced a collaborative Pan African agreement to strengthen both companies’ footprint.
Vivo Energy operates 1,430 Shell branded service stations in 15 countries across Africa while Airtel Money is operational in 15 countries in Africa, with over 27 million registered customers and over 250,000 registered agents.
The objective of the agreement is to give the communities more Airtel Money agent points through the Vivo Energy’s network of Shell retail service stations in countries where both Airtel and Vivo Energy operate.
“This partnership provides our customers with additional outlets where they can deposit and withdraw cash, as well as make purchases for fuel and other services at Shell service stations with Airtel Money,” The Director and Africa Head of Airtel Money, Chidi Okpala stated.
The initial scope of the alliance will include Shell service stations being cash-in and cash-out points for Airtel Money customers, Airtel Money to be accepted mode of payment in all Shell Service Stations, Shell service stations to stock and sell Airtel airtime and Shell service stations to provide float to Airtel Money agents.
“Through this alliance with Airtel, we want to expand the range of services we offer to our customers and also allow them to pay in a simple and easy way on our retail sites.” Executive Vice President Supply and Marketing at Vivo Energy David Mureithi noted.
The partnership will be rolled out in Uganda, Ghana, Burkina Faso, Madagascar and Kenya where both companies currently overlap by first half of this year.